Which is a fixed cost for a store?

Explain why a government would impose an import tariff when domestic consumers suffer more than producers gain

What will be an ideal response?

Studies show that, in the United States,

A) price elasticity of demand for agricultural products has hovered around 3.2 for many years. B) as real income has been increasing, the per-capita demand for food has been decreasing. C) as real income has been increasing, the per-capita demand for food has been increasing by much more. D) none of the above